Lee and Sally Peters v. Lisa Garoffolo, Boone County Assessor, and the Indiana Board of Tax Review

FISHER, Senior Judge.

This case examines whether the Indiana Board of Tax Review erred in upholding the 2010 real property assessment of Lee and Sally Peters (the Petitioners). Upon review, the Court finds that the Indiana Board did not err.

FACTS AND PROCEDURAL HISTORY

The Petitioners own real property on Main Street in Zionsville, Indiana. The property consists of a 2,852 square foot office building situated on a 0.16 acre lot. (See Cert. Admin. R. at 65-66.)

For the 2009 tax year, the Petitioners’ property was assessed at $306,400. (See Cert. Admin. R. at 63.) For the 2010 tax year, however,…